What is a Master Developer?

What is a master developer and why might Joplin need one?

Someone who has dealt with large scale projects in the past (although our community will be a larger project than most).

A partner with the capability to conduct the feasibility studies necessary to determine the market need and success of any project the city proposes.

An entity that will bring resources in planning, development, finance and public-private partnerships to create a detailed redevelopment plan to facilitate and implement projects.

A group that can develop some anchor projects in the devastated area that will be anchors for further development.

A firm that will have a contractual agreement with the City of Joplin that will be performance based with guarantees to protect the community and its funding.

A Master Developer IS NOT:

A master builder that will bring all of their own resources at the expense of local contractors and builders. The community will expect that a Master Development agreement will include local businesses.

A single person. No one person has the experience or knowledge to succeed.

Someone who will dictate our future after an agreement is signed. The community will always be in charge of its own recovery.

Partnering with a master developer is just one piece of the recovery effort.